Description
(AWP Alliance News) - First Quantum Minerals outlined a potential path to restart Cobre Panamá in its RBCCM Bringing the Diggers Down Under Conference presentation. Panama's interministerial commission recommended negotiations on a restart to fund long-term mine closure, with any agreement also resolving outstanding international arbitration.
Processing of stockpiled ore is underway, with 2026 copper production guidance of 30,000 40,000 metric tons at the mine. Group copper production guidance is 405,000 435,000 metric tons.
Debt reduction remains a priority, with a net debt-to-EBITDA target of about 1.0 times before sanctioning a major project.
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Disclaimer: This news brief was created using generative artificial intelligence. First Quantum Minerals Ltd. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.